U.S. Bank has been named a top 10% scorer on the 2020 Diversity Best Practices Inclusion Index. This is the third consecutive year that the company scored as such on the Index.
Diversity Best Practices compiles the ranking based on a variety of factors and the top 10% score reflects efforts in three focus areas: recruitment, retention and advancement; company culture; and demographics/transparency.
Diversity, equity and inclusion is a core value and business imperative at U.S. Bank. The company recently underscored its importance by elevating the role of Chief Diversity Officer Greg Cunningham to its 14-person Managing Committee, reporting directly to its CEO.
When announcing the organizational change, U.S. Bank Chairman, President and CEO Andy Cecere said, “This has been an extraordinary year that has challenged us in unexpected ways and helped us refocus our efforts on the most critical priorities for our company now and into the future. We see more clearly than ever how necessary it is for us to emphasize our commitment to our people, the importance of diversity, equity and inclusion, and our dedication to truly transform our business for the future. The changes we are announcing today are designed to enhance our position and enable continued strategic growth for our employees, customers, communities and shareholders.”